Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Nine smart ideas for improving your financial outlook
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Economics

  • Greek debt crisis: Greece finally in arrears as it fails to meet deadline for IMF payment

    June 30, 2015

    Greece has officially become the first Western country to go into arrears on its debt to the International Monetary Fund (IMF) after failing to meet last night’s deadline for a repayment of €1.5bn (£1bn), despite a last-ditch attempt to reach a deal with its creditors yesterday.   The IMF confirmed late last night that the [...]

  • Greece has missed its deadline to repay €1.6bn to the IMF

    June 30, 2015

    Just as all the markets expected, Greece has not met its deadline to repay €1.6bn (£1.1bn) to the IMF.   Read more: Germany won't discuss Greek bailout deal until after Greek referendum   The amount, which constituted a bundle of loan repayments from the month of June, was due by 11pm on Tuesday evening.   Greek [...]

  • Fitch downgrades Greece’s credit rating to CC, which is one point above “inevitable” default

    June 30, 2015

    Fitch has downgraded Greece further in junk status, down from CCC to CC. It is now just one point above what is deemed to be a certain default.  Read more: Germany won't discuss Greek bailout deal until after Greek referendum   The ratings agency, which is the second to downgrade the beleaguered economy in two days [...]

  • Greece could face a huge shortage of life-saving medicines if it defaults on today’s IMF payment

    June 30, 2015

    If Greece defaults on its €1.6bn (£1.14bn) repayment to the IMF today, the country could end up suffering a serious shortage of life-saving medicines.   Read more: This Londoner is crowdfunding a Greek bailout fund on Indiegogo   In a letter written to the European Commission, the European Federation of Pharmaceutical Industries and Associations (EFPIA) called [...]

  • UK current account deficit should “ring alarm bells” for the UK

    June 30, 2015

    The UK's current account deficit should ring an "alarm bell" for the UK, the British Chambers of Commerce (BCC) said today, after official figures showed the deficit was £26.5bn in the first quarter of the year. The figure – a measure of the UK's success in exports – has narrowed from last year's £28.9bn – [...]

  • European markets begin second day of falls as Greece confirms it won’t make today’s IMF payment deadline

    June 30, 2015

    The FTSE 100 was 0.6 per cent down in late morning trading today, after Greece confirmed last night it will definitely miss today's 6pm deadline to pay the International Monetary Fund (IMF) €1.6bn (£1.1bn). Read more: George Osborne vows to help Britons hit by Greek crisis Meanwhile, although both the Cac and the Dax fell, [...]

  • Greece will default on its €1.6bn repayment to the IMF today

    June 30, 2015

    Greece will not pay the €1.6bn (£1.14bn) it owes to the IMF today, Athens has confirmed Read more: How Twitter became Alexis Tsipras’ secret weapon in Greek negotiations The beleaguered country is required to make the repayment to its creditor by 11pm on 30 June, after saying it would bundle all its payments for the month [...]

  • Here’s why today’s “leap second” is creating anxiety among traders and businesses leaders around the world

    June 30, 2015

    This evening at 8pm New York time (that's 1am over here) clocks around the world will have a “leap second” added to the end of the day.   Read more: Daylight Saving Time has arrived – here are seven interesting facts you should know about the clock change   It's a necessity resulting from the introduction [...]

  • Greek debt crisis: George Osborne vows to help British pensioners, businesses and holiday makers

    June 29, 2015

    Chancellor George Osborne has said that the government will protect British pensioners, businesses and holiday makers who stand to lose money in the ongoing Greek debt crisis.   In a special statement to the House of Commons yesterday, Osborne said that Britain is “prepared” in a “rapidly changing situation”.   “Britain’s attitude to the developing [...]

  • Chinese stocks plummet amid valuation fears

    June 29, 2015

    China’s equity bubble edged closer to bursting yesterday, as stocks plummeted despite the best efforts of the country’s central bank to steady the market. The benchmark Shanghai Composite index closed 3.3 per cent lower to 4,053 and the Shenzhen Composite fell 6.1 per cent, amid mounting concerns that stocks are overvalued. The Shanghai Composite was [...]

Posts navigation

  • Previous
  • Page 1
  • …
  • Page 918
  • Page 919
  • Page 920
  • Page 921
  • Page 922
  • …
  • Page 1,005
  • Next

Trending Articles

  • Why have the Bank of England and the IMF been so wrong on the UK economy?

  • Inflation to top Bank of England target until at least 2026, Goldman Sachs warn

  • House prices continue to fall as buy-to-let landlords sell up

  • Florian Zeller interview: The Son director on fighting the shame of mental illness

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited